Money Talks

02.19.13

SCOTUS to Revisit Campaign Finance

U.S. Supreme Court. (J. Scott Applewhite/AP),J. Scott Applewhite

Get ready for Citizens United: Part Two. The Supreme Court has decided to hear a case challenging limits on campaign donations to political candidates. Currently individuals can contribute up to $46,200 to political candidates and $70,800 to political committees, but Alabama businessman Shaun McCutcheon says that those caps violate the First Amendment. A Washington federal court rejected McCutcheon’s challenge, but the Supreme Court is expected to rule on it before July 2014.